The best way to determine your monthly payment and the price range of homes to search for is to visit your local lender. If you already know a Realtor to contact, they are a great source for recommending lenders in your area. A quick way to give you a rough estimate of a monthly payment is to take the number of hundreds of thousands, so for $200,000, use 200, then multiple it by 6 which is the factor for 6% interest. Of course you have to qualify for a program such as a 30 year fixed rate loan, but that would give you an estimated principal and interest payment of $1,200. You then have to add 1/12 of your annual taxes and insurance to that number to determine your total monthly payment. HOA or Condo Fees are paid separately to the Association. I hope that helps.